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Jetstar to overtake Qantas says Bruce

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Jetstar to overtake Qantas says Bruce

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Old 18th Jul 2011, 11:10
  #21 (permalink)  
 
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Message to Bruce

Dear Bruce,
Although I personally feel that you and and Alan are complete bell-end's, I would like to suggest that you and Alan swap remuneration packages. If your little orange outfit is truly outgrowing and outclassing QF in the revenue department then you should receive the little fella's salary and vice versa. It's only fair.
It would seem that Lord Darth Vader Buchanan has certainly grown stronger than Sith Lord Darth Sidious Joyce ?
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Old 18th Jul 2011, 15:51
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Sky's the limit for new aviation star in Asia





That is the title from an article in Monday's Herald Sun.

Here are quotes from the article.

"Buchanan leads the world's fastest growing low-fare airline group, staying ahead of a North Asian market expansion of about 20 per cent a year fuelled by China's and South Korea's massive rising middle classes.

And he speaks with the authority of the increasing autonomy of the international Jetstar Group - which he sees inevitably overtaking the size of its parent, Qantas - and a confident directness on the local rivals Virgin Australia and the beleaguered Tiger."

"Buchanan believes Australians who still think of Jetstar as primarily their locally-based low-cost carrier do not realise it will soon offer 60 destinations, half from the Singapore base of its Jetstar Asia sister.

We've carried 20 million passengers in the past year after seven years of operation - the big low-cost carriers like Air Asia, Ryan Air in Europe, South West in the US, none of them reached that milestone so quickly. We're the fastest growing airline in the history of aviation," he said.

Last week Buchanan unveiled a $500 million investment in new aircraft which will take the Singapore base to four wide-bodied Airbus A330s and 17 A320s, new routes to Beijing, Ningbo and Hanoi and extra flights to Hong Kong, Taipei, Ho Chi Minh City, Kuala Lumpur, Bali and Jakarta."

That's $500 million from QANTAS. The parent company it is bleeding and being propped up by.

"Buchanan "absolutely" believes Jetstar will become bigger than Qantas."

It just about is bigger than QANTAS. We are fast becoming the subsidiary of Jetstar.

"Buchanan is comfortable with carrying the profit load on behalf of struggling Qantas, which he sees as temporary due to the business market strength of Qantas.

But he sees Jetstar revenue as growing faster than that of Qantas."

Maybe QANTAS should cut Jetstar loose and see how much of a profit load it actually carries. It would be a Tiger II. Although we no longer handle Jetstar international, they use QANTAS 330's that are paid for by QANTAS.

"He believes some Qantas long-haul pilot salaries are "exorbitant' by international standards and said he would not tolerate any pay deal which would see Jetstar pilots paid the highest Qantas wages.

"If they try to impose those sorts of conditions, the dire consequences this will actually cause . . . we won't put the Qantas code share on our flights if that actually was to get up," Buchanan said.

"We're happy to get rid of it, no skin off our nose."

Buchanan said Jetstar only had a small proportional revenue on code-share connections to Qantas long-haul flights.

"We'd take the Qantas code off and you know what that will do?" he said."

Sounds like a challenge and a threat to the pilots and QANTAS. He's happy to get rid of the QF codeshare of JQ flights if the pilots don't heed to his demands. Sounds like a future QF CEO is being groomed for when AJ departs.

"It's going to put you (pilots) in a worse situation, because they won't have the passenger traffic to continue to justify flying as many aircraft. So you'll wind up in this ridiculous situation where you cause your own demise even faster."

He sums it up nicely in this last paragraph. The pilots fate is sealed. It will be brought about quicker if they don't stop their dispute, or they are successful.

This looks like a prelude to the 24 August announcement. QANTAS will now be reporting to Jetstar, and Buchanan will be CEO of the Jetstar Group of Airlines.
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Old 18th Jul 2011, 18:32
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What is truly amazing is how these greedy pricks can be so cheery about destroying a national icon and a major part of international airline history.

Keep smiling @$$hole.

P.S. He looks like a bloke I bought a VT Commodore off once.
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Old 18th Jul 2011, 20:21
  #24 (permalink)  
 
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I refer to my previous posts on this matter. The Board and Management of Qantas is out of its tiny mind.
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Old 18th Jul 2011, 20:36
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Maybe this is just a ploy by Buchanan to assume the No 1 role when AJ finally gets a well earned bonus out the door.

Suggest an exit party for two or nothing will change and in fact it could actually get worse.
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Old 19th Jul 2011, 00:32
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Latest stats from Changi Airport has a significant Aussie contribution:

Tiger, Jetstar among Changi's top passenger airlines
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Old 19th Jul 2011, 01:13
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Although he mentions QF Pilots,Bruce seems to be lauching a direct attack on his own Pilot group here!
He gloats over Jetstars amazing success and expansion but does he realize this has only been possible because of the Pilot group he currently has plus the efforts of those who set up JS flight operations in the first place .
A320's flying daily services into short 30 mtr wide short runways prove that Jetstar is not necessarily a low risk operation and the fact that Jetstar has had so few incidents in it's history shows that BB has no idea how much he relies on his Pilots for the Companies success.
Once again this proves that Bruce and his clown deputy in australia are purely spread sheet bean counters and have no real idea how Airline operations work.
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Old 19th Jul 2011, 01:30
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The thing that amazes me is that these guys (AJ and BB) actually believe that they are the the saviours of Qantas.

They have a MBA, an ego and arrogance, and reckon that without them Qantas would be no more.
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Old 19th Jul 2011, 01:34
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Bruce is firing the first shot across the bows of the QF pilot group in preparation for when he takes over from AJ.

I believe it's the natural progression now.... JQ CEO to QF CEO. You wouldn't want to get anyone in QF who hasn't grown up with the LCC mentality, they might actually start running the airline properly and make JQ support itself.

The demise of Qantas is going to go down in Australian history as one of the greatest corporate criminal acts ever. The problem is, by the time it's history it'll be too late to do anything about it.

Where are ASIC and the ASX? Where are the institutional investors?
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Old 19th Jul 2011, 01:36
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One only need look at the current contract on offer at Jetstar to realise that management have no respect for pilots!

Last edited by assasin8; 9th Aug 2011 at 23:03.
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Old 19th Jul 2011, 01:56
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Qantas inquiry into first-class footsies - Travel - theage.com.au

and what was the jetstar executives side to this story?

A SENIOR Jetstar executive has been accused of engaging in 'funny business"
with a woman on a fold-down seat in the first-class cabin of a flight from
Melbourne to Los Angeles on Friday.
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Old 19th Jul 2011, 01:59
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Originally Posted by molsie
I wish the media and some others would look at some very basic maths when it comes to Qantas bleating about what it would do to them if Jetstar pilots salaries were raised to the same level as Qantas pilots - the following is a very simplified expose - even if Jetstar pilot salaries were raised by a massive 50% ( which is a rough estimate of taking an A320 pilots salary to a Qantas 737 salary ), and based on 750 hours per year, the extra cost to the company on a Sydney - Melbourne ticket would be roughly $1.50 - the airlines have just announced that due to the carbon tax, domestic airfares would rise by $3.50 for the average sector - am I missing something here?
so they are on 50% more ey?
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Old 19th Jul 2011, 02:11
  #33 (permalink)  
 
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Maggott - the figure of 50% was simply a VERY rough ball-park figure used as a MAXIMUM case scenario to prove how little a massive payrise would affect the price of the ticket - feel free to provide more accurate figures if you wish, but they would probably only serve to support my argument even more
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Old 19th Jul 2011, 02:33
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In first place, based on last year's performance, was Singapore Airlines followed by its regional arm SilkAir.

Tiger took third spot, and Jetstar, fourth. Australian national carrier Qantas came in at No. 5.

Jetstar, which is 49 per cent owned by Qantas, was also the fastest-growing Singapore carrier.

Together, these top five airlines accounted for about 60 per cent of Changi Airport's total number of passengers carried, which was just over 42 million last year, a 13 per cent jump over the figure in 2009.
It won't be long before 3K+JQ+QF have more pax than MI+TR
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Old 19th Jul 2011, 22:22
  #35 (permalink)  
 
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The Asia Pacific Aviation Outlook Summit is on for next few days in SYD.

AJ is up first this morning at 09:10 and it's BB's turn tomorrow at 09:40.

Programme - Conference Day One Wednesday 20 July 2011 | Aviation Outlook Australia 2011
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Old 19th Jul 2011, 23:54
  #36 (permalink)  
 
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Sing Air Rights

Singapore still closed shop

Matt O'sullivan

July 20, 2011
Allowing Qantas to base a premium airline in Singapore would mean letting Singapore Airlines fly the Australia-US route. Photo: Louie Douvis

QANTAS hopes of basing a premium airline in Singapore will hinge on the Australian government allowing Singapore Airlines to fly the Australia-US route, the boss of long-haul airline AirAsia X says.
Azran Osman-Rani said Australia would need to relax access to the air-route from Australia before the Singapore authorities allowed Qantas to set up a premium airline in the city-state.
''It would seem difficult, from a regulatory point of view, to hold back Singapore Airlines from flying on the trans-Pacific and at the same time for the Singapore government to allow Qantas to base themselves out of Singapore,'' he said yesterday.

Qantas will unveil on August 24 a four-pronged strategy - including plans for expansion in Asia - that is aimed at turning around the fortunes of its loss-making international operations. Despite its interest, Qantas is yet to apply for an air operator's certificate in Singapore.
Singapore Airlines is expected to use Jetstar's growing presence in Singapore and the Asian aspirations of Qantas as leverage to back its claims to be allowed to fly between Australia and the US.
The airline's new boss, Goh Choon Phong, said as recently as last month that he would continue to lobby for the air rights to fly the trans-Pacific route.
Although there were many obstacles to setting up an airline in Asia, Mr Osman-Rani said the world's fastest-growing aviation market presented large opportunities for premium airlines such as Qantas.
''When you look at the significant under-penetration of international aviation [and] the growth of the markets here [in Asia], there is a lot of upside,'' he said.
Tiger Airways, in which Singapore Airlines has a 33 per cent stake, has reinforced its intention to remain operating in Australia after appointing Chris Manning, a former chief pilot at Qantas, as its safety adviser. The budget airline has been grounded until at least August 1 on safety concerns.
Mr Osman-Rani said AirAsia X - in which Richard Branson has a 10 per cent stake - was not interested in entering the domestic market even if Tiger pulled out. ''Given that it is a three-player market, it really is not particularly attractive for additional players like ourselves to even consider,'' he said.
However, the long-haul budget airline did want to increase flights from Malaysia's capital, Kuala Lumpur, to Australian cities.
Despite repeated requests over the years, AirAsia X was no closer to gaining approval from Malaysian regulators to fly between Kuala Lumpur and Sydney. ''It is very unlikely it will be in the next 12 months,'' Mr Osman-Rani said.
Malaysia Airlines, the majority government-owned flag carrier, has been able to retain its stranglehold on the route despite AirAsia X's requests for access.
Shares in Qantas were unchanged at $1.825 yesterday after the airline's long-haul pilots said they would begin industrial action on Friday, which would include in-flight announcements to passengers. The pilots' union has also begun a billboard campaign in Sydney, Melbourne and Brisbane.
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Old 20th Jul 2011, 00:18
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"He believes some Qantas long-haul pilot salaries are "exorbitant' by international standards and said he would not tolerate any pay deal which would see Jetstar pilots paid the highest Qantas wages.


AFAIK, JQ pilots have never lobbied for pay parity with QF mainline. Whats he on about?
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Old 20th Jul 2011, 02:26
  #38 (permalink)  
 
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AJ at the conference this morning

"We see continuing opportunities for the Jetstar model, and lessons to be learned for Qantas. I want to see both our brands maximizing their global potential."
and

"our maintenance and repair costs are among the least efficient and most expensive in the world."
For more gems head here : Aviation Business: Qantas CEO puts the airline's future on the line
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Old 21st Jul 2011, 11:09
  #39 (permalink)  
 
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What happened to my post mods???

A simple edit would have sufficed and I still think he's a #@#$#@#!
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Old 21st Jul 2011, 16:21
  #40 (permalink)  
 
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ANA Group and AirAsia team up to rival JAL/J* setup plans

Jetstar-JAL venture pipped at the post by ANA-AirAsia team

JAL rival ANA Group and AirAsia announced last night it would team up to form LCC AirAsia Japan. They said AirAsia Japan would be the first low-cost carrier to be based at Tokyo's Narita International Airport. Operating under the AirAsia brand, it is to serve domestic and international destinations from August next year, subject to approvals.
Jetstar-JAL venture pipped at the post by ANA-AirAsia team | The Australian


Game on, but not until next August, someone let the JAL/J* plans out of the bag a bit too early me thinks or was BB really playing catch up?
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